2015 Y2016 Y2017 Y2018 Y
Source Document12/31/201712/31/201812/31/201812/31/2018
(in millions)    
Interest income 
Interest and fees on loans 1,6861,7291,8472,102
Interest on money market investments 23211929
Interest on securities 124204326350
Total interest income 1,8331,9542,1922,481
Interest expense 
Interest on deposits 494959135
Interest on short- and long-term borrowings 693868116
Total interest expense 11887127251
Net interest income 1,7151,8672,0652,230
Provision for loan losses 409324(39)
Net interest income after provision for loan losses 1,6751,7742,0412,269
Noninterest income 
Service charges and fees on deposit accounts 168171171166
Other service charges, commissions and fees 187208217228
Wealth management and trust income 31374251
Loan sales and servicing income 31352525
Capital markets and foreign exchange 26223031
Customer-related fees 443473485501
Dividends and other investment income 30244043
Securities gains, net (127)7141
Other 111257
Total noninterest income 357516544552
Noninterest expense 
Salaries and employee benefits 9739781,0061,070
Occupancy, net 120125129132
Furniture, equipment and software, net 123125130126
Other real estate expense, net (1)(2)(1)1
Credit-related expense 29252925
Provision for unfunded lending commitments (6)(10)(7)(1)
Professional and legal services 50565752
Advertising 25222226
FDIC premiums 34405350
Amortization of core deposit and other intangibles 9NANANA
Other 225226231197
Total noninterest expense 1,5811,5851,6491,678
Income before income taxes 4517059361,143
Income taxes 142236344259
Net income 309469592884
Preferred stock dividends (62)(48)(40)(34)
Preferred stock redemption 0(10)(2)0
Net earnings applicable to common shareholders 247411550850
Weighted average common shares outstanding during the year 
Basic shares 203,265203,855200,776193,589
Diluted shares 203,698204,269209,653206,501
Net earnings per common share 
Diluted 1.21.992.64.08
Net income 309469592884
Other comprehensive income (loss), net of tax 
Net unrealized holding losses on investment securities (23)(74)(2)(113)
Reclassification of HTM securities to AFS securities 11NANANA
Reclassification to earnings for realized net securities losses 86NANANA
Net unrealized gains on other noninterest-bearing investments (3)232
Net unrealized holding gains (losses) on derivative instruments 75(3)(4)
Reclassification adjustment for increase in interest income recognized in earnings on derivative instruments (6)(7)(2)3
Pension and postretirement 17121
Effect of new tax rates from Tax Cuts and Jobs Act of 2017 00(25)0
Other comprehensive loss 73(67)(17)(111)
Comprehensive income 382402575773

Data shown on this page is extracted directly from the company’s documents. SNL makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, SNL, as always, stands by its commitment to the quality of the data.

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